Kajaria Ceramics Limited
Kajaria Ceramics Limited manufactures, sells, and distributes ceramic and vitrified wall and floor tiles under the Kajaria, GresBond, and Eternity brands in India and internationally. The company operates through Tiles and Others segments. It offers ceramic wall and floor tiles, polished vitrified tiles, glazed vitrified tiles, grestough floor tiles, tile adhesives, epoxy and unsanded grout, and … Read more
Kajaria Ceramics Limited (KAJARIACER) - Net Assets
Latest net assets as of September 2025: ₹29.98 Billion INR
Based on the latest financial reports, Kajaria Ceramics Limited (KAJARIACER) has net assets worth ₹29.98 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹39.69 Billion) and total liabilities (₹9.71 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹29.98 Billion |
| % of Total Assets | 75.53% |
| Annual Growth Rate | 17.09% |
| 5-Year Change | 45.34% |
| 10-Year Change | 180.67% |
| Growth Volatility | 12.2 |
Kajaria Ceramics Limited - Net Assets Trend (2005–2025)
This chart illustrates how Kajaria Ceramics Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kajaria Ceramics Limited (2005–2025)
The table below shows the annual net assets of Kajaria Ceramics Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹28.10 Billion | +5.03% |
| 2024-03-31 | ₹26.76 Billion | +11.28% |
| 2023-03-31 | ₹24.04 Billion | +9.93% |
| 2022-03-31 | ₹21.87 Billion | +13.12% |
| 2021-03-31 | ₹19.33 Billion | +8.74% |
| 2020-03-31 | ₹17.78 Billion | +8.36% |
| 2019-03-31 | ₹16.41 Billion | +15.77% |
| 2018-03-31 | ₹14.17 Billion | +13.28% |
| 2017-03-31 | ₹12.51 Billion | +24.97% |
| 2016-03-31 | ₹10.01 Billion | +24.61% |
| 2015-03-31 | ₹8.03 Billion | +40.86% |
| 2014-03-31 | ₹5.70 Billion | +46.86% |
| 2013-03-31 | ₹3.88 Billion | +34.26% |
| 2012-03-31 | ₹2.89 Billion | +28.94% |
| 2011-03-31 | ₹2.24 Billion | +18.50% |
| 2010-03-31 | ₹1.89 Billion | +22.24% |
| 2009-03-31 | ₹1.55 Billion | +9.38% |
| 2008-03-31 | ₹1.42 Billion | -0.72% |
| 2007-03-31 | ₹1.43 Billion | +4.70% |
| 2006-03-31 | ₹1.36 Billion | +13.68% |
| 2005-03-31 | ₹1.20 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kajaria Ceramics Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 6079.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹21.76 Billion | 79.29% |
| Common Stock | ₹159.30 Million | 0.58% |
| Other Comprehensive Income | ₹3.68 Billion | 13.40% |
| Other Components | ₹1.85 Billion | 6.73% |
| Total Equity | ₹27.44 Billion | 100.00% |
Kajaria Ceramics Limited Competitors by Market Cap
The table below lists competitors of Kajaria Ceramics Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kiwi Property Group Limited
PINK:KWIPF
|
$873.40 Million |
|
PLUXEE NV
PA:PLX
|
$873.75 Million |
|
CVR Energy Inc
NYSE:CVI
|
$874.31 Million |
|
Streamax Technology Co Ltd
SHE:002970
|
$874.67 Million |
|
Cancom SE
OTCGREY:CCCMF
|
$872.98 Million |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003
|
$872.92 Million |
|
EmbedWay Tech(Shanghai)Corp
SHG:603496
|
$872.51 Million |
|
BIOPHARMA CREDIT DL -01
F:B3P
|
$872.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kajaria Ceramics Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,165,300,000 to 27,443,400,000, a change of 1,278,100,000 (4.9%).
- Net income of 2,943,500,000 contributed positively to equity growth.
- Dividend payments of 1,751,900,000 reduced retained earnings.
- Share repurchases of 13,700,000 reduced equity.
- New share issuances of 13,700,000 increased equity.
- Other comprehensive income increased equity by 56,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹2.94 Billion | +10.73% |
| Dividends Paid | ₹1.75 Billion | -6.38% |
| Share Repurchases | ₹13.70 Million | -0.05% |
| Share Issuances | ₹13.70 Million | +0.05% |
| Other Comprehensive Income | ₹56.20 Million | +0.2% |
| Other Changes | ₹30.30 Million | +0.11% |
| Total Change | ₹- | 4.88% |
Book Value vs Market Value Analysis
This analysis compares Kajaria Ceramics Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 5.32x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 99.06x to 5.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹9.26 | ₹916.95 | x |
| 2007-03-31 | ₹9.69 | ₹916.95 | x |
| 2008-03-31 | ₹9.62 | ₹916.95 | x |
| 2009-03-31 | ₹10.52 | ₹916.95 | x |
| 2010-03-31 | ₹12.87 | ₹916.95 | x |
| 2011-03-31 | ₹15.12 | ₹916.95 | x |
| 2012-03-31 | ₹19.17 | ₹916.95 | x |
| 2013-03-31 | ₹24.52 | ₹916.95 | x |
| 2014-03-31 | ₹34.28 | ₹916.95 | x |
| 2015-03-31 | ₹47.96 | ₹916.95 | x |
| 2016-03-31 | ₹58.03 | ₹916.95 | x |
| 2017-03-31 | ₹73.74 | ₹916.95 | x |
| 2018-03-31 | ₹84.80 | ₹916.95 | x |
| 2019-03-31 | ₹99.03 | ₹916.95 | x |
| 2020-03-31 | ₹107.81 | ₹916.95 | x |
| 2021-03-31 | ₹117.51 | ₹916.95 | x |
| 2022-03-31 | ₹133.32 | ₹916.95 | x |
| 2023-03-31 | ₹146.05 | ₹916.95 | x |
| 2024-03-31 | ₹164.11 | ₹916.95 | x |
| 2025-03-31 | ₹172.23 | ₹916.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kajaria Ceramics Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.73%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.35%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 1.37x
- Recent ROE (10.73%) is below the historical average (18.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 21.95% | 8.58% | 0.78x | 3.28x | ₹162.80 Million |
| 2007 | 5.68% | 1.87% | 0.71x | 4.26x | ₹-61.67 Million |
| 2008 | 5.42% | 1.85% | 0.70x | 4.17x | ₹-64.87 Million |
| 2009 | 9.70% | 2.99% | 0.81x | 4.03x | ₹-4.66 Million |
| 2010 | 18.94% | 4.87% | 1.13x | 3.42x | ₹169.18 Million |
| 2011 | 27.28% | 6.37% | 1.15x | 3.72x | ₹384.44 Million |
| 2012 | 29.02% | 6.23% | 1.43x | 3.25x | ₹536.41 Million |
| 2013 | 28.96% | 6.60% | 1.51x | 2.90x | ₹684.24 Million |
| 2014 | 33.16% | 8.03% | 1.86x | 2.22x | ₹1.23 Billion |
| 2015 | 23.70% | 8.03% | 1.40x | 2.10x | ₹1.02 Billion |
| 2016 | 25.01% | 9.59% | 1.26x | 2.07x | ₹1.39 Billion |
| 2017 | 21.51% | 9.92% | 1.25x | 1.74x | ₹1.35 Billion |
| 2018 | 17.39% | 8.67% | 1.27x | 1.58x | ₹998.41 Million |
| 2019 | 14.39% | 7.66% | 1.25x | 1.51x | ₹690.80 Million |
| 2020 | 14.89% | 9.09% | 1.15x | 1.42x | ₹839.03 Million |
| 2021 | 16.48% | 11.08% | 1.10x | 1.35x | ₹1.21 Billion |
| 2022 | 17.76% | 10.17% | 1.24x | 1.41x | ₹1.65 Billion |
| 2023 | 14.81% | 7.86% | 1.32x | 1.43x | ₹1.12 Billion |
| 2024 | 16.13% | 9.43% | 1.26x | 1.35x | ₹1.60 Billion |
| 2025 | 10.73% | 6.35% | 1.23x | 1.37x | ₹199.16 Million |
Industry Comparison
This section compares Kajaria Ceramics Limited's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,036,700,073
- Average return on equity (ROE) among peers: 19.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kajaria Ceramics Limited (KAJARIACER) | ₹29.98 Billion | 21.95% | 0.32x | $873.14 Million |
| Ahlada Engineers Limited (AHLADA) | $194.68 Million | 13.60% | 2.13x | $3.04 Million |
| Apollo Pipes Limited (APOLLOPIPE) | $82.31 Million | 22.41% | 0.08x | $103.29 Million |
| Aro Granite Industries Limited (AROGRANITE) | $1.13 Billion | 7.80% | 0.96x | $1.76 Million |
| Asian Granito India Limited (ASIANTILES) | $719.25 Million | 32.05% | 1.43x | $84.16 Million |
| Astral Limited (ASTRAL) | $23.86 Million | 47.46% | 4.63x | $2.29 Billion |
| Beardsell Limited (BEARDSELL) | $587.67 Million | 14.45% | 1.51x | $3.38 Million |
| Bigbloc Construction Limited (BIGBLOC) | $298.61 Million | 8.23% | 2.56x | $18.79 Million |
| BirlaNu Limited (BIRLANU) | $11.66 Billion | 18.04% | 0.91x | $138.44K |
| Blue Star Limited (BLUESTARCO) | $4.56 Billion | 11.89% | 3.77x | $2.69 Billion |
| Cera Sanitaryware Limited (CERA) | $1.12 Billion | 23.79% | 1.14x | $219.27 Million |